Comment: The horrors of WWII left traumatized soldiers shell-shocked. Under Obamacare, zombie-like individual-plan buyers have been wandering the countryside in a stupor, rate-shocked.
Now that Obamacare’s swept-under-the-rug and delayed pain is finally arriving for small companies, they are starting to enjoy the same stupefying rate-shock and loss of choice. Large companies and unions are next.
““We’re seeing companies get letters from the (insurance) carriers with rates for 2016 that are, in some cases, 30 percent to 100 percent higher,” Gussin said. “This year, I am having to see literally every small-group client and talk to them about their options.””
“Gussin said many of his clients were in PPO plans because those offer more service choices, “but I just can’t give them that level of choice at the price they are willing to pay,” Gussin said.”
When you hear that adding bureaucrats, free-riders, paperwork, and taxes makes something cheaper (Obamacare), you know you’re at the northern end of a south-bound horse. Here we see that when Obamacare’s slave-owners tell you people are saving money, it’s because the new rates are so high they are being forced to drop benefits…
“In some cases, Goldstein said, employees will actually pay somewhat lower monthly premiums when moving from their grandmothered plan to one that meets Obamacare prerequisites.”
“This is because most workers going through the switch tend to choose coverage rated at the silver level, which pays for about 70 percent of their medical expenses. Their previous plans had offered gold-level benefits with higher premiums but somewhat lower copays and deductibles.” (emphasis added)
Oh, and that teaser vote-getting Obamacare rate for covering your adult children? That’s over now too…
“There is one area where rates are sure to increase for 2016, Goldstein said. For the first time, he said, health insurance companies are treating grown children still on their parents’ insurance plans as a discrete group.”
“Because of this change, if you’re covering your kids in college, your rates are going to go up significantly,” Goldstein said.“
Premium pain for ‘grandmothered’ health plans
By Paul Sisson | 2:33 p.m. Nov. 11, 2015